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Connected Corporation
24 Prime Parkway, Natick, MA 01760 * (508) 652-7300
Business Description The company is a leading provider of application services and software that support personal computers, or PCs, over the Internet and corporate intranets.
Filing
Information

IPO has been
withdrawn

To Trade As  CNTD (NASNTL) Industry  High-Tech (SIC 7372)
Type of Stock Offered Common Shares Filing Date  3/31/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $50,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Deutsch Banc Alex. Brown Lead Manager (410) 727-1700
Bear, Stearns & Co. Inc. Co-manager (212) 272-4850
Wit SoundView Co-manager  
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures - - Months Ending
Figures in U.S. millions except per share data 12/31/95 12/31/96 12/31/97 12/31/98 12/31/99    
Revenues   0.000 0.032 0.552 3.040 5.939 - -
Income from Oper.   -0.128 -3.330 4.550 2.878 -4.458 - -
Net Income   -0.128 -3.231 -4.381 -2.794 -4.910 - -
E.P.S   - -4.430 -1.510 -0.770 -0.370 - -
Revenue Growth (%)      - 1,625.00 450.72 95.362   -
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - 824.28 94.67 - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -3.02 - -
Cash Flow - Inv.     -0.98 - -
Cash Flow - Fin.     22.53 - -
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    23.64 Current Assets    22.53 Current Ratio    7.15
Total Liab.    27.10 Current Liab.    3.15 Debt Ratio    114.62%
Total Equity    -3.46 Working Cap.    19.38 Debt to Equity Ratio    -
Cash    20.36    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, including working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Brown Rudnick Freed & Gesmer
Bank's Law Firm  Palmer & Dodge
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
Auditor  Arthur Andersen
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Baker Communications Fund, L.P. 19.70  
Funds affiliated with Applied Technology 12.30  
H&Q; Connected Investors, L.P. 10.60  
Entities affiliated with Fidelity Ventures 10.60  
Intel Corporation 9.80  
Entities affiliated with SOFTBANK 6.30  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 8/20/00 7:02:44 PM
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